Our Story

Lucida Group has come a long way in just a few years

Mike Joseph, Group CEO, founded Right Choice Insurance Brokers in 2008 and oversaw rapid growth in the non-standard motor insurance market. In 2018 LDC invested in Right Choice and in 2021 the Group developed into what it is today with the additions of Bennetts Motorcycling and Moorhouse Group. 

We're always on the lookout for more great teams and businesses to join our group.

Our Evolution

June 2018
Group Created
The Group is created with Mike Joseph (appointed Group CEO) and fellow investors joining forces with LDC, the Private Equity arm of Lloyds Bank (read more).
Ian Owen appointed Chairman of the new Group.

"Lucida represents a unique opportunity to grow a group based on building and acquiring a portfolio of specialist businesses and leveraging that experience for the benefit of all."

Right Choice Insurance Brokers
Right Choice Insurance Brokers becomes the Group’s first acquisition.
Mike Joseph is the Group CEO and founder of Right Choice Insurance Brokers.

"Lucida is a really exciting development in our development. We didn't think back 2008 when we started Right Choice that we could build such a great and diverse group."

March 2020
Group CFO
The Group hire Mark Mugge as Group CFO.

"I'm really excited about the potential that Lucida has to build a fantastic group of best-in-class companies and teams that work together to create truly outstanding businesses."

October 2020
Motor Breakdown
Right Cover Insurance is established to provide insurance capacity for the Motor Breakdown business distributed by Right Choice Insurance Brokers.
April 2021
ex-Fresh Motor brands
Purchased ex-Fresh Motor brands, Ladybird Insurance, Autosaint Telematics and First Van (read more).
May 2021
Bennetts Motorcycling
Acquired Bennetts Motorcycling Insurance Services, the UK’s leading provider of motorbike insurance, led by Vince Chaney (read more).
August 2021
Moorhouse Group
Completed the acquisition of Moorhouse Group, led by Linda Haggett, providing market-leading commercial insurance products under the Constructaquote brand (read more).
September 2021
Group Chief Risk Officer
Insiyah Davenport appointed as Group Chief Risk Officer.

"Lucida represents a great opportunity to challenge the norm for insurance companies to create great outcomes for customers and for our businesses."

January 2022
Group Chief Information Officer
Tina Scott appointed as Group Chief Information Officer

"Lucida represents a truly unique opportunity to grow a group of specialist businesses who through innovation and leveraging our collective experiences can create value which is larger than the sum of its parts.”

We've only just got started